Modern Threads (India) Limited share price
Modern Threads (India) Limited manufactures and sells wool and blended worsted yarn products in India. It offers merino raw white and dyed re-combed wool tops; polyester/wool blended dyed re-combed tops; specialty and worsted woolen yarns; lanolin; wool grease; synthetic yarn; and wool noil and spinning waste products. It also exports its products to Europe and the Middle East, as well as Latin American, the Far eastern, and African countries. Modern Threads (India) Limited was founded in 1973 and is based in Bhilwara, India.Read more
- Market Cap₹ 157 Cr.
- Current Price₹ 45.21
- High / Low₹ 66 / 36
- Stock P/E8.7
- Book Value—
- Dividend Yield0.00 %
- ROCE13.8 %
- ROE8.80 %
- Face Value₹ 10.0
More figures (10)
- EPS (TTM)₹ 5.19
- Price / Book—
- OPM4.0 %
- Debt / Equity0.22
- Sales growth (4Y)-0.6 %
- Profit growth (4Y)-61.5 %
- Promoter holding69.5 %
- EV / EBITDA—
- Beta—
- All-time high₹ 76
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| MODTHREAD | -12.13% | -2.84% | -5.00% | +0.27% | -4.16% | — | — |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- Modern Threads (India) Limited is in the Textile Manufacturing industry (Consumer Cyclical), with a market value of ₹157 crore.
- It trades at 8.7 times its last 12 months' earnings.
- Revenue grew -0.6% a year over the last 4 years, profit -61.5% a year.
- Return on equity was 8.8% and return on capital employed 13.8% in the latest year.
- Debt was 0.22 times shareholders' equity.
- The share price is 31.1% below its 52-week high and down 4.2% over one year.
- Promoters and insiders hold about 69.5%; institutions about 7.7%.
Pros
AI- Borrowings are moderate at 0.22 times shareholders' equity.
- Promoters hold a large stake of 65.16%.
Cons
AI- The company has not paid a dividend recently.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About Modern Threads (India) Limited
Modern Threads (India) Limited manufactures and sells wool and blended worsted yarn products in India. It offers merino raw white and dyed re-combed wool tops; polyester/wool blended dyed re-combed tops; specialty and worsted woolen yarns; lanolin; wool grease; synthetic yarn; and wool noil and spinning waste products. It also exports its products to Europe and the Middle East, as well as Latin American, the Far eastern, and African countries. Modern Threads (India) Limited was founded in 1973 and is based in Bhilwara, India.
- Head office
- Bhilwara
Quarterly Results
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
| ₹ Cr | Mar 2026 |
|---|---|
| Sales | 295 |
| 281 | |
| Material Cost % | 55% |
| Employee Cost % | 15% |
| Other Expenses % | 26% |
| Operating Profit | 14 |
| OPM % | 5% |
| Other Income | 12 |
| Interest | 3 |
| Depreciation | 5 |
| Profit before tax | 18 |
| 31% | |
| Current tax | 5 |
| Net Profit | 12 |
| EPS in Rs | 3.51 |
Stock Price CAGR
- 1 Year:
- -4%
Return on Equity
- 4 Years:
- 60%
- Last Year:
- 9%
| ₹ Cr | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 36 | 36 | 228 | 201 | 147 | 223 | 301 | 300 | 260 | 301 | 320 | |
| YOY Sales Growth % | 530.98% | -12.11% | -26.65% | 51.31% | 35.25% | -0.21% | -13.46% | 15.59% | |||
| 34 | 34 | 218 | 198 | 144 | 212 | 273 | 271 | 259 | 286 | 297 | |
| Material Cost % | 72% | 72% | 67% | 66% | 62% | 61% | 59% | 57% | 58% | 56% | 54% |
| Employee Cost % | 8% | 8% | 9% | 11% | 13% | 11% | 10% | 11% | 15% | 15% | 14% |
| Other Expenses % | 16% | 16% | 19% | 22% | 24% | 24% | 22% | 22% | 27% | 25% | 24% |
| Operating Profit | 2 | 2 | 10 | 2 | 3 | 10 | 28 | 30 | 1 | 14 | 23 |
| OPM % | 5% | 5% | 4% | 1% | 2% | 5% | 9% | 10% | 0% | 5% | 7% |
| 1 | 1 | 4 | 24 | 3 | 2 | 4 | 4 | 10 | 12 | 13 | |
| Exceptional items | 0 | 0 | 1 | 2 | 1 | 1 | 189 | ||||
| Interest | 0 | 0 | 2 | 0 | 1 | 2 | 3 | 3 | 1 | 3 | 5 |
| Depreciation | 0 | 0 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 5 | 5 |
| Profit before tax | 2 | 2 | 11 | 25 | 2 | 8 | 214 | 26 | 5 | 18 | 26 |
| 0% | 0% | 2% | 29% | 29% | 28% | ||||||
| Current tax | 0 | 0 | 1 | 1 | 5 | ||||||
| 2 | 2 | 11 | 25 | 2 | 8 | 214 | 25 | 3 | 13 | 19 | |
| YOY Profit Growth % | 349.62% | 135.52% | -93.22% | 361.50% | 2,596.99% | -88.12% | -86.75% | 286.91% | |||
| EPS in Rs | 0.69 | 0.69 | 3.10 | 7.29 | 0.49 | 2.28 | 61.57 | 7.31 | 0.97 | 3.75 | 5.40 |
Compounded Sales Growth
- 5 Years:
- 15%
- 3 Years:
- 0%
- TTM:
- 18%
Compounded Profit Growth
- 5 Years:
- 50%
- 3 Years:
- -61%
- TTM:
- 488%
Stock Price CAGR
- 1 Year:
- -4%
Return on Equity
- 4 Years:
- 60%
- Last Year:
- 9%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 35 | 35 | 35 | 35 |
| Reserves | 69 | 94 | 98 | 111 |
| 0 | 0 | 21 | 33 | |
| Short term borrowings | 21 | 33 | ||
| 74 | 73 | 72 | 77 | |
| Trade payables | 39 | 37 | 35 | 38 |
| Current liabilities | 70 | 69 | 89 | 106 |
| Total Liabilities | 177 | 202 | 226 | 255 |
| 45 | 51 | 55 | 63 | |
| Gross block | 208 | 218 | 209 | 217 |
| Accumulated depreciation | 164 | 167 | 153 | 153 |
| Goodwill & intangibles | 0 | |||
| CWIP | 1 | 2 | 6 | 10 |
| 132 | 149 | 164 | 182 | |
| Inventories | 72 | 69 | 77 | 105 |
| Trade receivables | 40 | 47 | 47 | 41 |
| Cash & equivalents | 7 | 7 | 1 | 5 |
| Current assets | 127 | 145 | 162 | 179 |
| Total Assets | 177 | 202 | 226 | 255 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 16 | 24 | -8 | -3 | |
| Profit for the year | 214 | 25 | 3 | 12 |
| Working capital changes | -16 | -8 | -14 | -22 |
| Direct taxes paid | 0 | -0 | -2 | -4 |
| -9 | -22 | -18 | -2 | |
| Fixed assets purchased | -8 | -10 | -9 | -13 |
| Fixed assets sold | 1 | 1 | 2 | 1 |
| Investments purchased | -2 | -13 | -12 | |
| Investments sold | 0 | 10 | ||
| -4 | -3 | 20 | 9 | |
| Interest paid | -3 | -3 | -1 | -3 |
| Net Cash Flow | 2 | -1 | -6 | 4 |
| Free Cash Flow | 8 | 14 | -16 | -16 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROE | — | 207.2% | 21.9% | 2.6% | 8.8% |
| ROCE | — | 203.0% | 21.7% | 4.4% | 13.8% |
| Operating margin | — | 8.6% | 8.9% | -0.9% | 4.0% |
| Net margin | — | 72.5% | 8.6% | 1.3% | 4.2% |
| Debt / equity | — | 0.00 | 0.00 | 0.16 | 0.22 |
| Current ratio | — | 1.81 | 2.11 | 1.82 | 1.70 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities).
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 65.16%
- FIIs 1.26%
- DIIs 10.55%
- Public 23.03%
| % | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 65.10% | 65.10% | 65.10% | 65.10% | 65.10% | 65.10% | 65.10% | 65.16% | 65.16% | 65.16% | 65.16% | 65.16% |
| FIIs | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% |
| 11.76% | 11.27% | 10.94% | 10.87% | 10.87% | 10.87% | 10.87% | 10.70% | 10.70% | 10.70% | 10.70% | 10.55% | |
| Mutual funds | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% |
| Insurance companies | 1.04% | 1.01% | 1.01% | 1.00% | 1.00% | 1.00% | 1.00% | 0.83% | 0.83% | 0.83% | 0.83% | 0.68% |
| Banks | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| 21.89% | 22.37% | 22.71% | 22.78% | 22.78% | 22.78% | 22.78% | 22.88% | 22.88% | 22.88% | 22.88% | 23.03% | |
| Retail (up to ₹2 lakh) | 17.04% | 17.37% | 18.04% | 18.11% | 18.05% | 18.00% | 17.92% | 17.94% | 17.87% | 17.72% | 17.69% | 17.98% |
| HNIs (above ₹2 lakh) | 0.31% | 0.58% | 0.56% | 0.66% | 0.67% | 0.77% | 0.90% | 1.01% | 1.13% | 1.19% | 1.01% | |
| NRIs | 0.39% | 0.39% | 0.43% | 0.44% | 0.44% | 0.40% | 0.40% | 0.40% | 0.40% | 0.41% | 0.39% | 0.39% |
| Bodies corporate | 4.41% | 4.19% | 3.53% | 3.52% | 3.52% | 3.52% | 3.52% | 3.45% | 3.45% | 3.46% | 3.43% | 3.44% |
| No. of Shareholders | 1,34,688 | 1,34,696 | 1,35,240 | 1,35,440 | 1,35,342 | 1,35,354 | 1,35,346 | 1,35,252 | 1,35,048 | 1,34,933 | 1,34,824 | 1,34,915 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Documents
Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018we are enclosing herewith the Confirmation Certificate dated 05/10/2026, in the matter of Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants…07-Oct-2026
- Shareholders meetingPursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the results of the voting conducted thr…01-Oct-2026
- Shareholders meetingModern Threads (India) Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 202630-Sep-2026
- Trading WindowModern Threads (India) Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201525-Sep-2026
- Copy of Newspaper PublicationIn terms of Regulation 47 and 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, read with circulars and notifications issued thereunder and Rule 2…07-Sep-2026
- General UpdatesIn terms of Regulation 30, 42 and 44 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that:(i) The 45th Annual General Meeting…05-Sep-2026
- Shareholders meetingIn terms of Regulation of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that the 45th Annual General Meeting (AGM) of the Shar…05-Sep-2026
- Copy of Newspaper PublicationPursuant to Regulation 47 and 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, as amended, please find enclosed herewith copies of the newspaper …17-Aug-2026
- Outcome of Board MeetingModern Threads (India) Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.14-Aug-2026
- Certificate under SEBI (Depositories and Participants) Regulations, 2018we are enclosing herewith the Confirmation Certificate dated 04/07/2026, in the matter of Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants…04-Jul-2026
- Trading WindowModern Threads (India) Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201525-Jun-2026
- Copy of Newspaper PublicationPursuant to Regulation 47 and 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, as amended, please find enclosed herewith copies of the newspaper …01-Jun-2026
Annual reports
- Financial Year 202605-SEP-2026
- Financial Year 202506-SEP-2025
- Financial Year 202405-SEP-2024
- Financial Year 2023
- Financial Year 2022
- Financial Year 2021
- Financial Year 2020
- Financial Year 2019
- Financial Year 201829-DEC-2018
- Financial Year 201717-OCT-2017
Credit ratings
None filed recently.
Concalls & investor meets
None filed recently.
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 1 Jan 1970
- Latest quarter
- 1 Jan 1970
- Financial year end
- 1 Jan 1970
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